GS1247 VPA 47 Eritrean District Boreholes
GS-1506 ↗ · current registry ID: GS4518
#1062of 1329 in Industrial#36of 38 in Eritrea#1504of 1801 in Gold Standard (GS)
Audit Analysis
This Gold Standard borehole project in Eritrea has VVB-confirmed additionality and no reported reversals, but is undermined by ten cross-document contradictions, an exact match between claimed and verified emission reductions (37,380 tCO₂e), and a 0% leakage deduction whose justification conflicts with the PDD's 5% figure. The project-specific baseline, absence of a buffer pool, and the sheer volume of material findings and corrective actions raise significant concerns about the robustness of the credit claims.
Red Flags
- Claimed and verified emission reductions are identical (37,380 tCO₂e) across two separate verification reports (Jan 2023 and Sep 2023), suggesting the VVB did not independently recalculate the figure
- Leakage deduction is 0% in the 2023 monitoring report with a 'deemed negligible' justification, but the PDD (Jun 2023) specifies a 5% deduction and the 2022 monitoring report describes leakage as 'quantified' — three documents, three different treatments
- fNRB value is 0.97 in the 2023 monitoring report but 0.85 in the PDD; the higher value favours the project and the method also shifts from 'local field' (2013 validation) to 'national default' (2023 MR)
- Crediting period is stated as 2015–2022 in the monitoring report but 2025–2030 in the 2025 validation report, making it impossible to determine the correct pro-rata expectation for the 2023–2024 monitoring period
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2015 | 66 | 66 | 0 | |
| 2016 | 10,000 | 10,000 | 0 | |
| 2017 | 10,000 | 10,000 | 0 | |
| 2018 | 849 | 849 | 0 | |
| 2019 | 9,151 | 9,151 | 0 | |
| 2020 | 6,254 | 6,254 | 0 | |
| 2021 | 6,835 | 3,096 | 3,739 | |
| 2022 | 8,571 | 3,729 | 4,842 | |
| Total | 51,726 | 43,145 | 8,581 |
Risk Indicators
VVB-confirmed combined test
no reversals yet
0% deduction contradicted by PDD's 5%
Project-specific; reassessed 2024
FPIC, grievance mechanism, benefit sharing
CORSIA and CCP status both unstated
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